International Economics

International Economics

Europe Readies Its ‘Bazooka’ Defense Of Greenland

Photo via Tschaen Eric/ZUMAPRESS/Newscom

European investors are the single-largest foreign holders of US treasuries and equities by far, holding $8 trillion in assets.

2 min read

Photo via Peng Ziyang / Xinhua News Agency/Newscom

International Economics

CEOs, World Leaders Prep for Awkward Encounters at Davos

Last year’s Davos coincided with Trump taking office for his second term. A lot has happened since then, to put it mildly.

2 min read
Photo via Xinhua/Sipa USA/Newscom

International Economics

China Trade Surplus Surges to $1.2 Trillion, Defying US Tariffs

Exports to the US, China’s longtime largest trading partner, fell by 22% last year due to the new trade barriers.

2 min read
Photo via Corine Solberg/Sipa USA/Newscom

International Economics

US Trade Deficit Shrinks to Lowest Since 2009

Imports fell 3.2% from the previous month to $331.4 billion in October, and exports rose 2.6% to $302 billion.

2 min read

Hedge Funds

Activist Elliott’s Citgo Deal May Deliver a Windfall in Wake of Maduro’s Ouster

Photo via Jakub Porzycki/ZUMAPRESS/Newscom

Since the 1980s, Citgo Petroleum has operated as the US-based subsidiary of Venezuela’s state-owned oil and gas company.

2 min read

International Economics

Trial Truce: US, China Negotiate Yearlong Trade Détente

Photo via Daniel Torok/WH / Polaris/Newscom

The United States agreed to reduce broad tariffs on Chinese imports by 10 percentage points, bringing them to 47%.

2 min read

Big Tech

Apple Amps Up China Ops Despite Trade Tensions

Photo via Liu Bin / Xinhua News Agency/Newscom

The announcement comes months after Apple said it’d invest $100 billion in US factories as part of its “American Manufacturing Program.”

2 min read

Photo via BalkansCat

Consumer

Drop the Ship-pers: FedEx, UPS Downgraded as US Policy Bites Into Import Revenue

According to US Customs, untaxed “de minimis” shipments accounted for 92% of all cargo entering the US, or 4 million packages a day.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Sabelskaya via iStock

International Economics

‘Not Optimistic’: Washington Hits Tariff Impasse with Switzerland

Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.

5 min read
Photo by Laurentiu Morariu via Unsplash

International Economics

US Slaps Crushing 50% Tariffs on India in Proxy Strike at Russia

India now sources 39% of its crude oil from Russia, compared to just 1% before Russia’s invasion of Ukraine.

2 min read

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